Price is at bottom of channel. We could see a potential bounce here. A good 1:10 R:R ratio for this set-up. I have multiple TPs but a very tight SL of just 30 pips.
Figured that I should probably create a new idea for this long position since the other idea says "short" but I've posted my updated analysis there, so 70 pips should be in the pocket if you followed. More upside to come. I'll enter on a pullback. Dollar is extremely bearish right now, DON'T GO AGAINST THE TREND.
Potential long opportunity on EURGBP. With Brexit bad news still hanging around, we might see GBP further weaken in this coming week as visible from the TA of GBP pairs. This trade opportunity offers a 1:3 risk-to-reward ratio.
Potential short-term downside movement on this pair. I would wait for a clean break downwards of ascending trendline before looking for opportunities to short this pair.
Price is retesting trendline support as well as horizontal support. We might see a break or potential bounce on this pair this coming week.
Bearish pin bar at 61.8% of previous impulse move down coupled with descending trendline and 100 & 200 MA. It's a tough resistance to break through. Could we potentially see this pair fall this week? I'll be looking for opportunities to short this pair on lower timeframes with target at the previous swing low which happens to coincide with the fib level too.
Support at 147.60, we might see this pair head lower in this coming week to mentioned area. Price is at resistance zone currently, let's see if it rejects or breaks.
A H&S pattern formed on EURAUD H1 chart. I have a sell stop order below the trendline as shown and have shorted this pair @ 1.569 Will await for further confirmation before taking any trade(s) on this pair. Didn't had the chance to share the short taken earlier on this potential set-up forming (head and shoulders) due to my laptop not being accessible.
Price is still in a bullish trend. What I'll be looking out for is a pull-back and re-enter long on H4 timeframe. 1.2100 would be a good area to buy.
Price rejected resistance area. Shorted @ 1325. So far so good. Didn't have the chance to share this set-up earlier as I do not have access to my laptop
Potential long opportunity. As bitcoin is very volatile, I suggest that you trade it only if you have a huge capital and can afford to lose the amount of money you're risking. We can see slight divergence forming too.
Broke out of ascending wedge pattern. Shorted @ 86.25, SL @ 86.74, TP @ 84.99.
Inverted H&S on USDJPY M15. Potential long opportunity.
Important to see where the next weekly candle closes as it could signify the next few weekly candles. Price is in resistance area right now and if we do indeed see a weekly close and rejection of this area, we can expect downside movement (potentially to ascending trendline) for this pair in the coming weeks to come.